Today's stock market at the opening of the market, there is a direct gap low opening market, moreover, it is still a gap low in the consistency of the three major A-share indexes, in the intraday, the three major A-share indexes are also continuing to weaken, and the market atmosphere is very weak.
Just now, why did the stock market fall sharply? Why?
The reason why the stock market just fell sharply is because last night, the US stock market fell sharply again. The Nasdaq, S&P, and Dow Jones all fell by more than 1%, and such a decline is not small in the US stock market.
Therefore, at the opening of the market today, A shares will be affected by the linkage effect, of course, this is only an external cause, the internal reason is because the A shares themselves are in the downward channel, and it is only a sideways bottom of the decline.

As of the close, it can be seen that the Shanghai Composite Index fell 0.33% throughout the day to close at 3558 points, the ChiNext Index fell 2.17% throughout the day, closing at 3075 points, and the Shenzhen Component Index fell 1.28% throughout the day to close at 14207 points.
Although today's three major A-share indexes are in a downward trend, but from the perspective of decline, there is still a differentiated trend, the ChiNext board has fallen sharply today, and the Shanghai Composite Index is more resistant to falling, why is this so?
It is because, for the Shanghai Index, the banking sector and the securities sector have the action of protecting the disk, so the index has been stabilized, so that the Shanghai Index has not fallen so much, and at the same time, the Shanghai Index is not bad.
The data shows that today, the number of stocks that rose in the Shanghai Composite Index was as high as 1011, and the number of stocks that fell reached 1002, that is to say, although the Shanghai Index fell, most of the stocks that rose in the disk were still rising.
The ChiNext board does not have any high-market value plates to protect the disk today, but on the contrary, today's ChiNext boards with high market value are still smashing the disk, which has led to the differentiation of the stock market today, and it will continue.
However, to be honest, although the three major A-share indexes are in a downward trend today, at this time, the sudden signal lands, what kind of impact will this sudden signal have on the next stock market?
And this sudden signal is that the ChiNext board in today's time, although there is no obvious volume, but before 2 consecutive trading days, the turnover is more than 300 billion, it is obvious that there are funds to escape at this time.
Today, the turnover of the ChiNext board is at 271.4 billion, back below 300 billion, at least for now, some of the chips have completed the washing action, but the ChiNext board once fell below the 5-day moving average and the 10-day moving average today.
The support of falling below two short-term moving averages in one day has increased the short-term floating loss chips of the ChiNext board, and, interestingly, in the 10 trading days in which the ChiNext index fell below the annual line, none of the trading days have encountered the annual line.
Didn't even touch the annual line in the course of the sideways? This sudden signal is not general, indicating that the current annual line of pressure on the ChiNext board is extremely great, at least in the short term, this long-term moving average is difficult to be broken.
The Shanghai Composite Index and the ChiNext Board have come out of a completely different market, and above this long-term moving average, there is an obvious small yin and yang pattern, indicating that the Shanghai Composite Index is indeed supported by this long-term moving average.
Therefore, based on these two aspects, the next A-share market is estimated to be a differentiated market, not only reflected in the differentiation of the index, but also in the differentiation of individual stocks, in the author's view, this year's differentiated market will be the main tone.
Those who have not been out of the market, and even for several consecutive years at the bottom of the grinding plate of the plate, the washing is very sufficient, and, the grinding disk for so long, the floating chip has been very little, once there are several waves of heap action, there may be a high certainty opportunity.
On the other hand, those sectors that continue to come out of the historical high and continue to increase the volume at a high level are too risky, and funds have now begun to continue to flow out of these sectors, so the differentiation of indexes and individual stocks will still strengthen.
Therefore, in summary, in the author's opinion, just now, why the stock market fell sharply, the reason is also very simple, and, with, at this time, the sudden signal landed, then, this year's stock market has basically been clear, is still a structural market.